Debra Sinick

Weekly Real Estate Buzz in The Kirkland Highlands through February 22nd, 2008

In Kirkland News, Kirkland WA, Kirkland, WA Real Estate, market statistics, Real estate, Weekly market update on February 22, 2008 at 1:16 pm

Update post-it

(data from NWMLS) numbers in red are from the past week

 Active Listings:   23(25)

New listings:  0(0) 
Sold subject to inspection:  1(2) 

Pending:  0(3)

Closed Sales:   0(0)

Contingent sale: 0(0)

Number of Price Reductions:  0(1)

Cancelled listings 1(0)

Expired Listings 0 (0)

Temporarily Off Market  0(0)

Price increase  0(1)

———————————–

0-$349,999:   0(0)

$350,000-$499,999:   3(3)

$500,000-$749,999:    5(5)

$750,000-$999,999:   8(8)

$1,000,000- $1,499,999:   4(5)

$1,500,000- $2,999,999:   3(4)
———————————–
Average Price: $1,007,571($1,045,966)
Median Price:   $880,935($884,205)

Average Days on Market: 90(88)

Highest Priced Listing: $2,299,950 ($2,299,950)

Lowest Priced Listing: $440,000($414,900)

My analysis of this week’s real estate buzz:

This week there has only been a little real estate activity.  One home  received an offer and one listing was cancelled and is now listed for rent.

New listings:

None this week

Homes receiving offers:

$1,825,000 a new construction home on 112th that had been on the market for 163 days.

Homes that are pending sales:

(home sales in which the inspection has been satisfied)

None this week.

Price reductions:

None this week.

Closed sales:

(The new owner has taken ownership)

None this week

Cancelled listings:

$1,150,000 a newer home in Martha’s Vineyard and is now listed for rent at $4,200 per month.

Condos/Town homes:

Back on the market:

$549,000 for the town home on NE 87th.

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